J — EmploymentEIN: 752247311· Ruling Year: 1989

Work Services Corporation

Wichita Falls, Texas

A-Health Score
83A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 4 peers in Employment with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.44×
Peer Median4.74×
💰
$46.1M
Total Revenue
📊
$44.6M
Total Expenses
🏦
$64.1M
Net Assets
📋
$4.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.4%
Year-over-year change (2022 → 2023)
Net Margin
+3.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.44
Net assets divided by total expenses
Liabilities-to-Assets
6.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$46,096,919↑7%$44,557,306↑14%$68,252,523↑10%
2022$42,926,540↑9%$38,964,030↑12%$62,163,586↓5%
2021$39,341,649↑14%$34,874,096↑8%$65,100,317↑14%
2020$34,530,494↑4%$32,174,461↑6%$56,899,690↑10%
2019$33,205,566↑28%$30,274,183↑11%$51,851,920↑15%
2018$25,977,939↓5%$27,215,932↑9%$45,088,216↓2%
2017$27,469,003↑13%$24,968,579↑11%$45,869,922↑10%
2016$24,313,891↓7%$22,583,252↓3%$41,876,935↑8%
2015$26,262,278↑4%$23,370,276↑2%$38,864,218↑4%
2014$25,260,026↓1%$22,933,303↓2%$37,473,998↑8%
2013$25,446,758↓4%$23,391,674↓4%$34,617,486↑11%
2012$26,599,726↑5%$24,362,193↑7%$31,126,298↑12%
2011$25,334,580$22,818,443$27,753,292

Frequently Asked Questions

What does Work Services Corporation do?▼

Work Services Corporation is a employment nonprofit organization based in Texas. It is classified under NTEE code J330 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Work Services Corporation financially healthy?▼

Based on our 9-metric Financial Health Score model, Work Services Corporation has a score of 83/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Work Services Corporation generate?▼

Work Services Corporation reports $51.6M in annual revenue and holds $73.9M in total assets, based on IRS filings.

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